Those prices are very expensive, this isn't even for the two nicer towers. Just a generic box. How can they justify someone spending $700,000 on a 1 bedroom? Plus maintenance fees which Im sure will be $500/month , people will be shelling out 3000k per month with mortgage, maintenance, and utilities. That is insane. Personally I'd rather be over at The One for $1,000,000 before I blow 750k here.

My gut tells me this will be a very long process with prices like that.
 
differential said:
There is no way 307m is that high compared to the CN Tower. The main pod is 350m high.
Click to expand...
The rendering looks right to me. 1 Yonge is much closer to the vantage point than the CN Tower is, so perspective covers it.

42
 
In Vancouver a developer just bought a White Spot restaurant downtown with its small parking lot for $245 million. It will be 35 stories with 500 sq foot bachelors starting at $1.6 million and needless to say hardly anyone will live in it.

In Vancouver $600k is subsidized rent.
 
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ssiguy2 said:
In Vancouver a developer just bought a White Spot restaurant downtown with its small parking lot for 4245 million. It will be 35 stories with 500 sq foot bachelors starting at $1.6 million and needless to say hardly anyone will live in it.

In Vancouver $600k is subsidized rent.
Click to expand...

Im assuming you forgot a decimal point. If not, prices in Van have become truly insane.
 
Those prices per unit look high to me today. But, consider 3 or 4 years to completion and occupancy, and add 3% or 4% per year, it might be inline.

Proof will be in the take rate in the sales pavilion.
 
innsertnamehere said:
$619k for a 518sf 1 bed.. holy crap.
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I'd say. My current home is just about ~20sqft smaller and I can't imagine paying near that much for a space of this size. Not even if I had the money.
It's comforting to know that I'll never be able to afford to buy somewhere where I would want to. Makes decision making a lot easier.
 
Hi everyone, I am glad to see the beginning of the sales finally.
The prices are quite high,but i think the condos will sell fast.
To show my joy, i made 2 other renders of Pinnacle One Yonge.

1- With CIBC Square and 30 Bay. We are 5-6 years in the future.
I took a screeshot photo from the Pinnacle commercial and edited it .

1 yonge bay park.png


2- A view from Gardiner that will be transformed very soon. We are 2 years and half in the future. (This scenario is more closer to the actual reality)
Honestly CIBC Square 1 and Prestige will really help the skyline .

1 yonge effect1.jpg
 

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This is off topic but the first picture above this post shows the twin CIBC tower's windows glazed in a more rich tan colour instead of blue. Is there a change in the glazed windows ? Because it really blends in well with the logo and adds a different colour to the blue Toronto skyline !
 
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